Wednesday, September 5, 2012

Sep 5 2012

Started the day with nice streak of 3 wins, and would have been just fine if closed the session on that. The rest of the day turned jellyfishy and took us in slightly negative ending. Oh well.

Session Time: Wed Sep 05 00:00:00 2012
[08:00] {nemo} o.k. what just happened
[08:09] {nemo} http://goo.gl/bQpK0
[08:18] {nemo} give the frickin' bunny a treat...does she hang around...NO...she goes running off with it...little bitch
[09:02] {ese} morning
[09:02] {jackharry} good morning
[09:02] {Threei}  ese, jack :)
[09:02] {ese} jack
[09:02] {ese} vad
[09:02] {ese} nemo
[09:03] {nemo} i'm leaving
[09:03] {ese} how come
[09:03] {goryl} gm
[09:03] {Threei}  he doesn't like us
[09:03] {Threei}  goryl :)
[09:04] {ese} i figured that
[09:04] {Threei}  which means we are doing something right
[09:04] {ese} lol
[09:04] {ese} welcome to the board gory
[09:05] {goryl} thanks:)
[09:07] {ese} you already know more than i do..............i've been on this board for about 4 years and still don't know how to do those little smilly face things
[09:08] {Threei}  hmmm
[09:08] {Threei}  you do have a keyboard, right?
[09:09] {goryl} :(
[09:09] {ese} yup
[09:09] {Threei}  well... to the right of L there is a ; which turns into : if you hold Shift
[09:10] {ese} ok
[09:10] {Threei}  and if you hokd that same sahift and hit 0, you get )
[09:11] {ese} :0
[09:11] {ese} hows that
[09:11] {Threei}  almost there
[09:11] {Threei}  don't forget shift when hitting 0
[09:11] {ese} gotcha
[09:11] {Threei}  mission accomplished
[09:11] {Threei}  can I go home?
[09:12] {ese} my impression of memo :-(   hows that
[09:12] {Beau} good morning all
[09:12] {Threei}  beau :)
[09:12] {ese} B
[09:12] {dino} gmn
[09:12] {dino} gm
[09:12] {ese} dino
[09:12] {Threei}  dino :)
[09:15] {Threei}  second day of Sept, second gap down
[09:16] {scottie} gm
[09:16] {Threei}  scottie :)
[09:17] {Will49} gm
[09:19] {thomcbell} gm all - vad something out there on lvs?
[09:19] {Threei}  will :)
[09:19] {thomcbell} starting a bit slow today 
[09:20] {RonS} gm
[09:20] {Threei}  ron :)
[09:20] {Threei}  Las Vegas Sands Corp CEO Adelson to announce Paracuellos, Madrid as new site for EuroVegas Wed Sep 5th after US stock market close - ABC**REMINDER: in February 2011 reports indicated LVS was planning a �15B Vegas-style strip in Spain. In April 2012, LVS confirmed it will spend $35B to build resorts in Spain.
[09:20] {Threei}  that's all I see
[09:21] {thomcbell} thanks guys
[09:22] {RonS} swy gap up on gift card biz ipo
[09:26] {Threei}  - ECB's Knot (Netherlands) was said to be leading the opposition camp over bond purchases and sought to attach as many conditions to the program as possible. Finnish Central Banker Liikanen and Belgian National Bank head Coene were also said to support his view. Spain central bank GovLinde was leading the pro bond buying camp.
[09:26] {Threei}  lol
[09:27] {Threei}  SNB's Danthine commented that rising rates coupled with lower growth could raise default risk and stressed that both Swiss and global countries must act to avoid a new crisis . Switzerland was facing rising risk of default and correction and saw a build up of financial stability risk
[09:28] {dptl} gm
[09:29] {Threei}  dp :)
[09:30] {dino} fran sm l .00
[09:30] {thomcbell} etn a short in my opinion this am 
[09:30] {dino} out fran .40, +.40
[09:31] {Threei} Short Setup: FCX  .70 break hl
[09:31] {Threei}  If holds  .80 
[09:32] {dino} fran sm l .50
[09:33] {dino} stop -.30
[09:34] {dino} fran sm l .73
[09:35] {dino} stop -.23
[09:35] {Threei}  1:1
[09:36] {Threei}  1:2, out
[09:36] {dino} fran sm l .50
[09:36] {scottie} +.12 ty Vad
[09:38] {Threei}  yw
[09:39] {Threei} Long Setup:  FAS  .50 break hl
[09:39] {Threei}  If holds  .40 
[09:40] {dino} fran stop again -.30
[09:40] {Threei}  invalidated, obviously
[09:42] {Threei} Long Setup:  LVS  .90 break
[09:42] {Threei}  If holds  .80 
[09:42] {dino} bto sept fran 30 calls
[09:43] {Threei}  LVS not a scalp
[09:43] {Threei}  should be capable of 1:3
[09:44] {Threei}  1:1
[09:44] {dino} 07 red
06[09:45] * Threei slaps cc_8 around a bit with a large alarm clock
[09:46] {cc_8} sorry
[09:46] {cipher} fran l .50
[09:46] {thomcbell} covered half etn 
[09:48] {Threei}  LVS barely touched 1:2, couldn't exit second portion
[09:48] {cipher} out 1/2  00 +.50
[09:48] {dolores} hello GM
[09:48] {Threei}  dolores :)
[09:49] {Threei}  wtg cipher :)
[09:49] {dino} cipher, gj
[09:49] {dolores} did you get any of that CLF move?
[09:49] {dino} looks like beat on fran to me
[09:49] {nemo} nflx
[09:50] {thomcbell} flat etn
[09:50] {Threei}  didn't even look at it today yet
[09:50] {RonS} guy who made them success retiring...ceo fran
[09:50] {Threei}  too volatile, look at candles
[09:51] {cipher} out 1/4 more fran .20 +.70
[09:52] {dino} going to ride the calls, in at 2
[09:52] {Threei} Long Setup:  SLW  .85 break
[09:55] {Threei}  If holds  .75 
[09:55] {dino} tex sm l .60
[09:56] {Threei}  LVS at target
[09:56] {Threei}  bastid
[09:56] {Threei}  SLW 1:1
[09:57] {Threei}  with 3 out of 3, constitutes nice morning to me
[09:57] {goryl} when u get a chance, slw and lvs were db?
[09:58] {Threei}  LVS yes, with a twist: actual break was 41, and we took .90 as aggressive entry
[09:59] {Threei}  SLW garden variety
[10:00] {scottie} slw +.11 ty Vad
[10:00] {Threei}  yw
[10:00] {dolores} testing back in
[10:00] {Threei}  you are in
[10:01] {dolores} are we still in SLW?
[10:01] {Will49} slw +10 ty 
[10:01] {RonS} took tex .60 to .85  thanks dino
[10:02] {Will49} .10
[10:02] {Threei}  no dolores, went below entry
[10:02] {dolores} ok
[10:02] {dolores} was out
[10:02] {dolores}  wrong button and could not lgin again
[10:02] {cipher} out last 1/4 fran .50 +1
[10:03] {dino} sweet!
[10:07] {Threei} Long Setup:  LVS  .35 break
[10:07] {Threei}  If holds  .25 
[10:07] {dolores} wow CLF all the weakness yesterday gone today
[10:08] {Threei}  target again 1:3
[10:10] {Threei}  S PY .20 break and run should seal the deal
[10:11] {dino} ctrx sm l .30
[10:12] {Threei}  let's trail LVS to .29
[10:12] {Threei}  want to decrease risk here
[10:12] {dino} out tex .04, +.44
[10:12] {thomcbell} nice Dino
[10:12] {Threei}  SPY uis a bit weird
[10:12] {dino} ty
[10:13] {Threei}  out
[10:13] {thomcbell} market still has the illiquid August 2012 feel
[10:13] {Threei}  ahhh
[10:13] {nemo} next week
[10:13] {Threei}  Merkel said magic words
[10:13] {thomcbell} qicked candle there on spy 
[10:13] {Threei}  (DE) Germany Merkel said to tell lawmakers she opposes unlimited bond purchases at ECB
[10:13] {dino} yeah, 07 scanner clunky, hasn' been smooth in month or two
[10:14] {Threei}  and robbed us of LVS winning trade
[10:15] {Threei}  amazing timing, LVS just started chewing through .40
[10:19] {nemo} frickin' thunderstorms
[10:20] {dino} had them here last night nemo, sent them your way
[10:21] {nemo} mhhhhh
[10:22] {dolores} credit suisse downgraded CLF to underperform with 30 target
[10:22] {Threei}  good timing
[10:22] {Threei}  lol
[10:22] {dolores} nice how investors reacted favorably
[10:23] {nemo} strong market FDX almost back to flat
[10:23] {dino} thats called "value added" service
[10:23] {dolores} yes
[10:24] {Threei} Short Setup: CAT  .80 break
[10:24] {Threei}  hl
[10:24] {Threei}  If holds  .90 
[10:25] {nemo} off to the races
[10:26] {Threei}  Merkel Said to find idea of ECB buying short maturities as acceptable on a temporary basis.
[10:26] {Threei}  market said, oh, there is nothing more permanent than temporarfy
[10:26] {nemo} like biblical "short"  as in 6 days to create the world
[10:28] {goryl} cat invalidated?
[10:29] {Threei}  no
[10:29] {Threei}  still valid
[10:29] {Threei}  not anymore
[10:29] {goryl} :)
[10:31] {dino} out ctrx .60, +.30
[10:31] {_catfish} i didn't trade it, but did it not break .80 and wouldn't that be a trade?  or does it have to hold under .80?  little confused
[10:32] {Threei}  it went over ,90 first, invalidating the trade
[10:32] {Threei}  look at 10:27 candle
[10:32] {Threei}  then it consolidated a bit again under .90
[10:33] {Threei}  thus my comment that it may be a trade again... then it went over .90 killing the idea
[10:33] {goryl} vad, what setup was that?
[10:33] {scottie} It went under .80, I got it at .79, and then covered at .92
[10:33] {Threei}  reversal on JBE failure
[10:34] {goryl} thanks
[10:35] {Beau} same scottie only .78
[10:35] {_catfish} 10:27 candle via LS--- High .89, Low .78  
[10:35] {_catfish} not trying to argue, just get a feel :)
[10:36] {Threei}  high .91
[10:37] {Will49} the elusive "moment of truth" ... to hit or not to hit
[10:38] {Threei} Short Setup: LVS  .55 break
[10:38] {Threei}  If holds  .65 
[10:38] {Threei}  double top
[10:38] {Threei}  target 1:2
[10:39] {goryl} thanks:)
[10:39] {Threei}  Invalidated  
[10:40] {_catfish} may i ask what type of orders everyone uses, limit orders or buy stops for breaks or...?  what works best for you guys
[10:41] {Will49} all limit orders
[10:41] {Threei}  limit a couple cents beyond trigger price
[10:41] {Threei}  wow...
[10:41] {Threei}  (EU) Former ECB member Bini Smaghi: Unlimited money to banks is the only real option available
[10:42] {_catfish} ok
[10:42] {RonS} bini there, doni that...
[10:42] {dino} limits and buy/sell stops
[10:43] {dino} depends on thickness of bid/ask
[10:43] {Threei}  lol ron
[10:43] {Will49} sharp Ron
[10:43] {dino} lol bini, the only real solution is to get out of the way and let markets deal w/it
[10:44] {nemo} every politician would lose his job
[10:44] {dino} exactly
[10:44] {dino} thats the solution. they created it
[10:44] {Will49} and that's the name of the game...stay in power at all costs
[10:45] {Will49} and who does it cost?...us of course
[10:45] {dino} thats the problem. not about whats right, its about getting re-elected
[10:45] {Will49} right on
[10:45] {nemo} on a related note"
[10:46] {nemo} my left-wing professor friend was piping up how wonderful LBJ's Great Society was
[10:46] {nemo} I said he was the worst of the worst
[10:46] {RonS} dino giii could be a pulp short...
[10:46] {nemo} He used that duplicity to raid Social Security
[10:47] {nemo} mnst
[10:48] {Threei}  my conference session in Toronto is going to start with words "The world is full of idiots." Try to deny that after reading the above.
[10:48] {nemo} kors
[10:48] {Threei}  7.9 earthquake off Costa Rica
[10:49] {Will49} big one
[10:49] {nemo} 12/21/2012
[10:49] {nemo} Yellowstone is going to blow up
[10:49] {Threei}  LVS
[10:49] {Threei}  short setup is back
[10:49] {Threei}  ugh, late alert
[10:50] {Threei}  let's see if gives us a bounce for entry
[10:50] {Threei} Short Setup: SLW  35 break
[10:51] {Threei}  LVS, in
[10:51] {dino} giii sm s .75
[10:51] {Threei}  sorry, mistype
[10:51] {Threei}  SLW tight stop .06
[10:53] {Threei}  let LVS go over .55, then we will reevaluate
[10:53] {_catfish} .17 lvs, starting to catch on
[10:53] {Threei}  cool
[10:53] {Threei}  no go SLW
[10:53] {dino} cov giii flat. thats a pretty decent report ron
[10:54] {Threei}  I liked yesterday's trading better than today's
[10:54] {dino} me too
[10:54] {Threei}  today is a bit confused
[10:54] {dino} brb
[10:55] {nemo} double tops on spy and iwm
[10:55] {nemo} on the 15 min
[10:55] {Threei}  yesterday they moved in a more obedient manner
[10:55] {dolores} sorry a bit lost
[10:55] {dolores} asre we in LVS short?
[10:55] {Threei}  no
[10:55] {dolores} ok
[10:56] {Threei} Short Setup: FCX  .10 break
[10:56] {Threei}  If holds  .20 
[10:57] {Threei}  target 1:3
[10:58] {Threei}  if loses 35, there is no support till about .65
[10:58] {nemo} sbux bounce by .20
[10:59] {nemo} spy coming into pivot iwm .10 from WR1
[10:59] {nemo} expeting bounce
[11:00] {dolores} missed it too fast
[11:00] {dolores} 35.08 did not fill
[11:01] {nemo} tna over .20 here
[11:01] {nemo} lotta red though around
[11:01] {nemo} change to .15
[11:03] {nemo} o.k. .ooking for .96 area iwm which is around here for tna
[11:04] {nemo} long .06
[11:04] {nemo} stop under low
[11:04] {nemo} vwap run
[11:04] {dolores} stop FCX .21?
[11:04] {nemo} offering .19
[11:05] {Threei}  yes, for now
[11:05] {nemo} then looking for .40ish
[11:05] {Threei}  looking to trail it
[11:07] {Threei}  let's trail to .16
[11:08] {Threei}  break of .15 is likely trend change, so no point in hanging around
[11:09] {Threei}  so far so good - volume dried up on bounce and increased again on a drop
[11:10] {Threei}  little SPY cooperation wouldn't hurt
[11:12] {Threei}  where is Merkel when you need her?
[11:12] {Will49} :)
[11:13] {nemo} having her upper lip bleached
[11:13] {nemo} mmmhhhh....not sure where that came from
[11:13] {RonS} ooof
[11:13] {nemo} new iwm entry break of .30 stop under .20...imHo
[11:13] {Threei}  FCX downticks as SPY goes higher... come on SPY, little reversal and we are golden
[11:14] {Threei}  grr
[11:14] {nemo} partialing at .39
[11:14] {dino} armh sm l .10
[11:14] {nemo} still have half original too
[11:15] {nemo} stop under .30
[11:17] {nemo} vrx looks weak
[11:20] {Threei}  (CA) Fitch affirms Canada ratings at AAA, outlook stable- The 2012 budget bolsters the country's fiscal position as it delivered on previous commitments to rein in expenditure and withdraw the stimuli in a timely manner. An early commitment to balance the budget over the medium term placed Canada's fiscal credibility ahead of many peers.
[11:20] {Threei}  - The main risk to the economy is the high level of household debt. Excessive borrowing by individuals is, to a great extent, a by-product of low interest rates, a legacy of the monetary response to the financial crisis.
[11:21] {Will49} too early to gloat
[11:21] {Threei}  yeah
[11:22] {Threei}  Canada is not immune to worldwide turmoil
[11:22] {Will49} only in our minds
[11:23] {Threei}  but you have to give it to Harper... steering it this far with such stability required a lot of cold blood vs enmotional "let's stimulate this and that"
[11:23] {Will49} he sure has cold blood
[11:23] {Threei}  good
[11:23] {Will49} and an economist to boot
[11:23] {Threei}  that's what I want from country leader - I am not about to have him for Christmas dinner anyway
[11:24] {Will49} :D
[11:24] {Threei}  ok FCX
[11:24] {Threei}  time to die
[11:24] {nemo} http://goo.gl/Zpqyv
[11:25] {Threei}  ECB President Draghi is widely expected to offer a fuller picture of his plans at the post-rate decision press conference tomorrow morning. Accompanying the various reports about the ECB program were rumors that global central banks were preparing coordinated intervention to accompany Draghi's big day, although there was little substance to the talk.
[11:26] {Will49} little substance to anything over there
[11:26] {Threei}  The ECB was said to be planning unlimited sterilized bond purchases
[11:26] {Threei}  huh?
[11:26] {Threei}  if they are sterilized, they can't be unlimited
[11:26] {nemo} lnkd
[11:27] {Will49} let's sterilize Graghi
[11:27] {Threei}  unbelieavble... now they just string words together
[11:30] {Threei}  oh well... FCX finally gave up
[11:31] {goryl} vad, what type of order do you use to exist ur position in laser? Market?
[11:31] {dolores} just because of the spy
[11:31] {goryl} on a stop..
[11:31] {dolores} it should be much higher even if following the market
[11:32] {goryl} sorry:) how do you place ur stop order in laser? market?
[11:32] {dino} limit
[11:32] {Threei}  just manual execution, same way as entry, a little farther from the trigger
[11:33] {Threei}  too bad, this one was really promising
[11:33] {goryl} so in this case, did you wait for .16 prints to come through and then hit Market Buy?
[11:33] {nemo} mnst probably a good short here
[11:37] {goryl} I enter positions with a limit orders but i'm not sure yet how to exit on stops
[11:37] {Threei}  yes in waiting for .16 prints, no in "market" part
[11:37] {Threei}  limit buy .18
[11:38] {goryl} ok, thanks
[11:39] {dino} goryl, for my stops i use limits. i want to get out when i can not when i have to
[11:40] {nemo} yeah, it's kinda' like marriage goryl
[11:40] {Threei}  lol... Smaghi is an Italian economist with a French education and presently occupying a position in Harvard. So, those are the necessary components for being totally removed from reality
[11:40] {goryl} ok. So if .16 prints come out then you hit ur limit order for .18?  What if it somehow doesn't fill you anywhere between .16-.18 and jumps over?
[11:41] {goryl} :) u got that right nemo
[11:41] {nemo} personally I lucked out in that department
[11:41] {Threei}  on thick stocks it's rare that 3 cents is not enough,
[11:41] {nemo} they all sobered up before I could get them down the aisle
[11:41] {Threei}  and if some part of it remaikns unfilled, I watch what happens next:
[11:42] {Threei}  when they mov e too fast, they usualky come back right away,
[11:42] {Threei}  if not, well, I get out with bigger limit,
[11:42] {Threei}  which is still better than if you hit whole thing with market order,
[11:42] {Threei}  almost a license to steal
[11:43] {goryl} ok.  So you don't use hard stops?
[11:45] {Threei}  no
[11:47] {goryl} guys, is there a software out there that can record my computer screen.  I can go over and watch the first hour of trading later at work and analyze my mistakes?
[11:47] {Beau} when you say print, you mean offer not sell?
[11:47] {nemo} camtasia
[11:47] {Threei}  print is actual trade
[11:47] {Threei}  on T&S
[11:47] {nemo} better have a powerful computer though
[11:48] {Threei}  camtasia is not free though
[11:48] {Threei}  there is some free recording software
[11:48] {Threei}  almost as good
[11:48] {nemo} not free?  cough cough
[11:49] {Threei}  http://camstudio.org/
[11:49] {goryl} ok, awesome. Thanks.
[11:57] {Threei} Short Setup: LVS  .50 break
[12:01] {Threei}  If holds  .60 
[12:03] {dolores} Braking highs
[12:03] {dolores} LNKD
[12:06] {goryl} is lvs based on c&h failure?
[12:07] {Threei}  just consolidation at the support level, with break as a trigger
[12:07] {goryl} ty
[12:09] {dptl} can we trail to .56 now lvs?
[12:09] {Threei}  you didn't cover any near 1:1?
[12:09] {Threei}  of course trail
[12:09] {dptl} no
[12:13] {Threei}  1:1
[12:13] {Threei}  to .51 now
[12:16] {nemo} dolores, what is your native language?
[12:16] {Threei}  National Daily Tracking: Romney: 48%, Obama: 45%
[12:16] {dolores} spanish nemo
[12:16] {dolores} breaking
[12:17] {dolores} it is my tyoing usually
[12:17] {dolores} typing
[12:17] {nemo} cool
[12:17] {nemo} at least you have an excuse
[12:17] {dolores} ja ja
[12:17] {dolores} I lost a lot of my grammar in english
[12:17] {dolores} at scholl was very good
[12:17] {nemo} I never found it in the first place
[12:17] {Threei}  me too...
[12:18] {nemo} and Vad...
[12:18] {dolores}  later and age lost it
[12:18] {nemo} actually, for someone who didn't speak English until 15 years ago, he does extremely well with the written word
[12:18] {dolores} I can read english as  well as spanish
[12:18] {dolores} but writing lost  a lot
[12:18] {nemo} omphalosskepsis
[12:19] {nemo} writing is  tough in a second language
[12:19] {Threei}  thanks nemo
[12:19] {dolores} what's that ?
[12:19] {nemo} contemplation of the navel
[12:19] {dolores} sounds elephant disease
[12:19] {nemo} meditating about your belly button
[12:19] {dolores} ok
[12:19] {nemo} Greek derivation
[12:19] {Threei}  I also enjoy the privilege or tormenting with dangling prepositions
[12:19] {nemo} pisdah
[12:20] {Threei}  I meant "tormenting you dangling prepositions with"
[12:20] {dolores} LVS goign nuts'
[12:20] {dolores} VOLUME SPIKE
[12:20] {nemo} svena
[12:21] {dolores} maybe they decided for Madrid
[12:21] {Threei}  (PT) Portugal opposition: Budget deficit goal likely will not be met, more time is necessary regarding bailout targets***Reminder: On Sept 3rd, Portugal Parliament Commission stated that more austerity measures would be needed for the nation to meet its targets, noting that budget execution was better than a year ago but would not be sufficient to guarantee the 2012 targets could be met.
[12:21] {nemo} mnst coming to short territory
[12:24] {dolores} out LVS
[12:25] {dolores} was I too soon .51?
[12:27] {Threei}  no
[12:27] {Threei}  trade is over, either by scalp or by partial an trail
[12:28] {dolores} you went out in this second move or the one before?
[12:28] {dolores} I saw .51 and covered
[12:28] {Threei}  second
[12:28] {dolores} ok
[12:31] {dptl} clf .20 short?
[12:32] {Threei}  not sure
[12:32] {Threei}  50/50
[12:33] {dptl} k
[12:43] {RonS} oops:  Pacific Tsunami Warning Center says tsunami watch for Caribbean canceled; message was meant for Pacific - 
[12:43] {Threei}  lol
[12:44] {robbers} Meanwhile, all the people in the Caribbean put on their water wings.
[12:45] {Will49} :)
[13:03] {dolores} nice recovery GS
[13:03] {dolores} breaking day highs
[13:22] {Threei} Long Setup:  FAS  .30 break
[13:22] {Threei}  If holds  .20 
[13:23] {Threei}  change to .25 break
[13:23] {Threei}  If holds  .15 
[13:25] {Threei}  target 1:3
[13:30] {Threei}  no worky
[13:31] {Threei}  Swing State Tracking: Romney: 47%, Obama: 44%
[13:32] {thomcbell} obama landslide 
[13:32] {Threei}  if convention doesn't change that, it looks to becone a ssutainable trend
[13:33] {Threei}  no news for this SPY drop
[13:38] {Threei}  strting to get a feeling drop into eod
[13:39] {dino} feels that way
[13:43] {Threei} Short Setup: GLD  .05 break
[13:43] {Threei}  If holds  .10 
[13:43] {Threei}  ridiculously tight stop
[13:44] {Threei}  target .85
[13:45] {Threei} Short Setup: FCX  .10 break
[13:45] {Threei}  If holds  .20 
[13:46] {Threei}  I don't think SPY is going to hold the low
[13:47] {Threei}  a little bopunce, maybe, but should lose it and, umm... what's the word nemo likes
[13:47] {Threei}  "cascade"
06[13:48] * Threei slaps nemo around a bit with a model of Niagara Falls
[13:49] {Will49} good one vad
[13:49] {Will49} the slap i mean
[13:49] {Threei}  he is asleep
[13:49] {Threei}  so slap away freely
[13:50] {Threei}  frau Merkel... can we have a word from you please? about no bond buying? ever?
[13:51] {Will49} the word is "nein"
[13:52] {Threei}  I'll settle for firm "
[13:52] {Threei}  nyet"
[13:53] {dptl} in fcx
[13:53] {dptl} in gld
[13:55] {Will49} you're my hero...watching two stocks at once
[13:56] {Threei}  frikin SPY
[13:56] {Threei}  I don't like today
[13:56] {dino} makes two of us
[13:56] {Will49} tell me about it...my first day using real money, and I'm not happy
[13:57] {dino} fran sm l .01
[13:57] {Will49} but I'm persistant
[13:57] {Threei}  I guess market is holding its breath before tomorrow's Draghi performance
[13:58] {Will49} it'll be "draggy" for sure
[13:58] {Threei}  why didn't you start yesterday when we had a blast
[13:58] {Will49} account wasn't set up
[14:00] {Will49} cc_8 slept in:)
[14:08] {scottie} OK gotta go, see you all tomorrow
[14:08] {Threei}  take care scottie
[14:08] {Threei}  I still hope to squeeze something out of today
[14:13] {Threei}  what do you know... it may still work
[14:14] {Threei}  cover half GLD here
[14:14] {Threei}  stop to .06
[14:15] {goryl} see you tomorrow everyone
[14:15] {Threei}  take care goryl
[14:20] {nemo} iwm coming into vwap and downtrend
[14:23] {nemo} mnst long .66
[14:23] {nemo} stop under .59
[14:23] {Threei}  (DE) Germany Fin Min Schaeuble: Comfortable that the ECB will maintain price stability and not finance individual countries - interview
[14:23] {Threei}  really?
[14:23] {Threei}  ECB expressed intention to do just that
[14:24] {nemo} actually, could be short if it drops it
[14:27] {dptl} stopped fcx
[14:28] {nemo} jeez...stopped mnst in it's tracks
[14:28] {dptl} just getting killed today all day...bad day
[14:28] {Will49} me too DP
[14:29] {Threei}  le't not exaggerate
[14:29] {Threei}  getting killed all day? thaere were quite a few winning ines
[14:29] {Threei}  ones
[14:29] {dino} thought you went 3/3 at open
[14:29] {Threei}  yes
[14:30] {Threei}  and couple wins after that
[14:30] {Threei}  with 4 stops I think
[14:30] {dino} 3/7 here w/2 still open
[14:30] {dino} -4 on day
[14:30] {dptl}  no, i am well worse than that :)
[14:31] {dino} you pushing?
[14:34] {RonS} open gone pulp since 10k sept 45 calls purchased in on block
[14:46] {dino} out fran .44, +.43. puts me in the black
[14:46] {dolores} CLF any trade?
[14:47] {Threei}  long
[14:47] {Threei}  looking for a trigger
[14:47] {Threei}  .80 break
[14:48] {dolores} thought would be short
[14:48] {Threei}  stop under .75 for scalpers, .70 day traders
[14:48] {dolores} ok
[15:09] {dino} fran l .00
[15:20] {dino} vhc spike
[15:20] {Threei}  I know it's redundant, repetitive and tautological but I dislike today's trading
[15:21] {dino} kind of aimless
[15:23] {Threei}  yeah, listless drifitng up and down wth no drive
[15:27] {nemo} looks like big gap up tomorrow...GS is pinned near the top of his range...Draghi has his press release at 7:30 am I think
[15:27] {dino} vhc s .23
[15:27] {dino} cov vhc .99, +.25
[15:27] {dolores} you mean 28
[15:28] {dino} ?
[15:28] {dolores} sorry did not see the dot
[15:28] {dino} fran stop -.15
[15:29] {dino} ok, calling it a day, thx all
[15:29] {Threei}  take care dino
[15:30] {dino} u2, thx
[15:32] {Threei} Long Setup:  LVS  .80 break
[15:32] {Threei}  last try for today
[15:32] {Threei}  If holds  .70 
[15:32] {thomcbell} long setup bhp 63.62 break if holding 0.49
[15:33] {dolores} ok guys see you tomorrow
[15:33] {dolores} thxs VAD
[15:33] {Threei}  take care dolores
[15:33] {Threei}  if works, should make the day from flat to slightly positive
[15:33] {Threei}  if not, will cement slightly negative
[15:33] {thomcbell} target 1:3
[15:44] {thomcbell} flattened out bhp at 63.59 
[15:52] {thomcbell} take care all 
[15:53] {Will49} tks Vad...tomorrow's another new day:)
[15:53] {Threei}  always is
[15:53] {Threei}  take care tbell
[15:53] {Threei}  ok guys, thank you all
[15:53] {Threei}  have a good evening
[15:53] {Threei}  see you tomorrow
[15:54] {dptl} gn all